Hey, everybody's welcome. It looks like Jdogger might have to dust off his 8 hitter hookah he picked up in Amsterdam back in '68.
....getting back to the original thread...Rush did not call for a boycott, does not believe in boycotts and bought 2 Suburbans in the past 2 weeks. GM is a major sponsor of his show...maybe the new 'owners' will pull their advertising based on who he is but he has consistently supported Union Workers..just not the the Union Bosses .
I Hear and I Forget...I See and I Remember...I Do and I Understand
The best seat at the party would be between JDogger and Road Kill!
Just have to find my darkest lens sunglasses.
Somehow, we have been fooled into believing we must participate in the ďglobalĒ economy, even if it works to our detriment. We donít have to. Just look at the Japanese. They are masters of participating in the global economy while protecting their own markets. Before the current world wide economic slow down, the Japanese sold approximately 15 million cars world wide. At the same time, they have kept sales of non-Japanese cars to around 10k units (that includes all U.S., European, and Korean models) in Japan. Ninety five percent of all cars sold in Japan are Japanese cars. Through taxes and tariffs, they have made it almost impossible for the average Japanese citizen to buy a non-Japanese car. The car market in Japan is closed to imports. My point is, itís okay to participate in the global economy, but take care of home first!
In the 1960s, the auto companies and the UAW were hailed as good corporate citizens for providing such a good standard of living for their people. What they were being paid benefitted the entire economy. Now, they are being ridiculed for it. You may see auto workersí pay and benefits as excessive, but some guy in China making $1/hour would probably see the money you make as excessive. So, why donít you volunteer to give up a portion of your income to get closer to what theyíre making in China? It would certainly make your company more competitive and profitable. Itís always easier to tell someone else what they should be willing to give up when you are not being forced to give up anything.
There are plenty of other examples where manufacturing cost have been significantly reduced by cheap labor, but the savings hasnít been passed on to American consumers.
The U.S. textile and clothing industries is all but gone from the U.S. Since the implementation of NAFTA in 1994, about 1 million U.S. textile jobs have been lost. Clothes are now made in China, Mexico, and other cheap labor markets. As a result, the cost of producing clothes has gone down significantly for manufacturers. Has the price you pay for clothing gone down accordingly?
Furniture that used to be produced in NC is now made in China because itís cheaper. Hourly wages for furniture workers in China are between $0.50 and $0.75, which is much as ten times lower than what is legal in the U.S. How much has the price you pay for furniture gone down?
The reason companies take their manufacturing overseas is to lower their costs, thereby maximizing their profit. They donít do it to save you money.
No one is suggesting that UAW members work for what is paid in other countries. However, the average UAW line worker makes more per hour and has much better benefits that a RN nurse! Yes, they are overpaid and and in the 1960's they were building mostly crappy vehilces. That's why people want Asian cars and trucks today. Detroit can't get consumers to forget quality and design issues of the past.
Japanesse may buy some USA vehicles but don't fool yourself. They don't like what we build. What they did buy from us was trucks.
Also, without Chineese manufactoring, there would be no Walmart. Yes, cloths are cheaper today.
GM's buisness model will never turn a profit. Not with government in charge. We will never see our money back!
Last edited by Franco; 06-19-2009 at 07:17 PM.